Estimated compensation of Apple's leadership team, 2012
| Salary | Stock awards (to date) | Non-equity incentive plan compensation | Other | Total | |
|---|---|---|---|---|---|
| Timothy D. Cook | $1,400,000 | $1,400,000 | $16,520 | $2,816,520 | |
| Peter Oppenheimer | 800,000 | 59,611,500 | 800,000 | 16,129 | 61,227,629 |
| Eduardo H. Cue | 800,000 | 39,741,000 | 800,000 | 16,129 | 41,357,129 |
| Scott Forstall | 800,000 | 59,611,500 | 800,000 | 16,513 | 61,228,013 |
| Johnson/Ive* | |||||
| Robert Mansfield | 800,000 | 59,611,500 | 800,000 | 16,129 | 61,227,629 |
| Philip W. Schiller | 800,000 | 59,611,500 | 800,000 | 16,129 | 61,227,629 |
| D. Bruce Sewell | 800,000 | 59,611,500 | 800,000 | 16,129 | 61,227,629 |
| Jeffrey E. Williams | 800,000 | 59,611,500 | 800,000 | 16,129 | 61,227,629 |
| Total | $411,539,807 |
Sources: Apple Inc., Proxy Statement for 2012 Annual Meeting of Shareholders, Jan. 9, 2012, pages 16, 29-30. Josh Lowenstein, "Apple gives most of its top execs $60M bonuses," CNET News, Nov. 4, 2011. Salary levels are from the proxy. Stock awards are valued at the closing price of Apple stock on Nov. 2, 2011. Incentive compensation is assumed to be equal to salary level though it may be twice that. Other is assumed to be same as in 2011.
*Ronald Johnson left Apple on Oct. 31, 2011. Jonathan Ive is now listed as a member of the leadership team on the Apple website. Absent more formal information, compensation for these individuals was not estimated.
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